Is AVI Products India Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, AVI Products India Ltd (523896.BO) is currently classified as NOT HALAL as of February 2024. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is AVI Products India Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes AVI Products India Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of AVI Products India Ltd?

Muslim investors may consider investing in AVI Products India Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is AVI Products India Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of AVI Products India Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for AVI Products India Ltd updated?

The Shariah compliance status of AVI Products India Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like AVI Products India Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of AVI Products India Ltd?

You can check the latest Shariah compliance status of AVI Products India Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

AVI Products India Ltd 523896.BO

₹45.28

Last Updated: May 11, 12:00 AM·BSE

523896.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 26, 2024

Report Source: 2024 3rd Quarter Report

AVI Products India Ltd. Stock Analysis 523896.BO

India Industrials Nano Cap Report: Q3, 2024

Avi Products India Ltd. engages in the provision of dental products and food and beverages products. The company is headquartered in Palghar, Maharashtra and currently employs 16 full-time employees. The firm is in the process of setting up to healthcare centers across India in Tier 1 and Tier 2 cities.

Key Statistics of AVI Products India Ltd (523896.BO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹45.28₹45.28

Today's Open

₹45.28

Volume

1002.00

P/E Ratio (TTM)

279.77

52 Week Range

₹18.05₹45.28

Market Cap

149.96M

Avg. Volume

1120.75

Dividend Yield

Financial Metrics & Statements of AVI Products India Ltd (523896.BO)

FAQ's for AVI Products India Ltd (523896.BO)

According to Musaffa’s Shariah screening methodology, AVI Products India Ltd (523896.BO) is currently classified as NOT HALAL as of February 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.